Monthly Rent Report
Lincoln Park Rent Report — May 2022
Asking rents in ZIP 60614, Chicago, from 63 listings.
Median 1BR rent in Lincoln Park was $2,495 in May 2022, up 50.3% (+$835) from April 2022. The middle half of 1BR listings asked between $2,495 and $2,495. That puts Lincoln Park $1,198 above the Chicago citywide 1BR median of $1,298. The month's figures are based on 63 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,313 | −$10 (-0.8%) | — | $1,211 – $1,395 | 8 |
| Studio | $1,400 | +$78 (+5.9%) | — | $1,400 – $1,475 | 6 |
| 1BR | $2,495 | +$835 (+50.3%) | — | $2,495 – $2,495 | 1 |
| 1BR | $1,808 | +$148 (+8.9%) | — | $1,520 – $2,453 | 20 |
| 2BR | $3,299 | +$839 (+34.1%) | — | $3,299 – $3,299 | 1 |
| 2BR | $2,550 | +$90 (+3.6%) | — | $2,425 – $2,882 | 8 |
| 3BR | $2,900 | −$95 (-3.2%) | — | $2,900 – $2,900 | 1 |
| 3BR | $3,600 | +$605 (+20.2%) | — | $3,400 – $3,995 | 14 |
| 4BR | $6,500 | +$1,600 (+32.7%) | — | $6,500 – $6,500 | 1 |
| 4BR | $3,500 | −$1,400 (-28.6%) | — | $3,100 – $3,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — May 2022
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,313 | $1,050 | +$263 (+25.0%) |
| Studio | $1,400 | $1,050 | +$350 (+33.3%) |
| 1BR | $2,495 | $1,298 | +$1,198 (+92.3%) |
| 1BR | $1,808 | $1,298 | +$510 (+39.3%) |
| 2BR | $3,299 | $1,599 | +$1,700 (+106.3%) |
| 2BR | $2,550 | $1,599 | +$951 (+59.5%) |
| 3BR | $2,900 | $2,100 | +$800 (+38.1%) |
| 3BR | $3,600 | $2,100 | +$1,500 (+71.4%) |
| 4BR | $6,500 | $2,600 | +$3,900 (+150.0%) |
| 4BR | $3,500 | $2,600 | +$900 (+34.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2022.